Skip to main content

tv   Bulls Bears  FOX Business  January 2, 2020 5:00pm-6:00pm EST

5:00 pm
records, today as we have first trading day. dow trading up 330 points on the day. a rally to get out of the gate, thank you for spending this part of the new year with us. us. jackie: great to be here, thank you. melissa: "bulls and bears" now. >> kicking off a new year, a new decade with a badge all these major indices surging. dow is 130 away from 29,000. it closed above 28 thousand this past november. you have to watch fox business tomorrow to see if we hit a new milestone. apple. helping to drive the rally today, above 300, for very first time. >> speaking and money, voter put their money where their mouths are. >> brand-new fundraising figures for president's 2020 relektion -
5:01 pm
reelocker shin campaign, this is "bulls and bears," happy new yeary am david asman, joining me jonathan ho "harry potter and te sorcerer'hoenig, liz peek.and jt waying 46 million in the last quarter of 2019, the campaign's largest quarterly amount to date. here is what trump 2020 campaign manager said, is behind the blowout numbers, he writes quote. democrats in media have been a sham impeachment frenzy. this cycle so john, to you, is impeachment backfiring on democrats in contributions and popular support. >> i don't think is backfiring on democrats, impeachment has done, is fired up each side's base. so it probably did help the
5:02 pm
president raise money on-line, because you know, what works on line is sending out messages about you know how you are being attacked or whatever. but you know, funny thing is that money in presidential election does not matter that much it matter in congressional and senate and gubernatorial. at the presidential level there is so much media coverage, i mean hillary clinton i think outspent president trump by 2 x last cycle, money does not really matter, but i don't think that impeachment is hurting everyone, i think it is firing up each side. >> i agree with john that the base is fired up. fepeople are angry about trump's impeachment his supporters are voting with their feet, and sending in the enormous numbers, at the end of the day will it matter very much, you have bloomberg, and others in the race who are willing to spend hundreds of millions of dollar. david: bloomberg spent all right
5:03 pm
135 million already. >> he will be attacking donald trump. i don't think he will go after his rivals, he will basically himself and his credentials. i think it will come down to an advertising war a little bit. >> but advertising to your point has not moved needle at all, note for bloomberg or tom steyer who has spent a fortune on ads, in my mind it comes down to ideas, president portrayed himself as under attack from dem kratddemocrat, that why fundraig haul is so big. what is democrat message going to be, beside get rid of trump? >> so -- no question that 2020 election will be fought in the center, democrats are fired up,
5:04 pm
they will turn out, republicans are fired up, they will turn out,. democratic message that beats trump, is clear, we to be party that american people are looking for, a party that restores a sense of civi sivet -- civilityd work together. david: this is the most partisan impeachment we've had. >> i'm saying -- -- what americn people of looking for-they are not looking for more partnership. david: but that is what they are seeing in impeachment. >> who will win in 2020 is the candidate that can capture the center. because hard-core democrats will turn out in record numbers, impeachment is firing them up. hard-core republicans -- >> so far, john. >> impeachment firing them on. >> hold on. >> this race will be fought with independents, moderate
5:05 pm
democrats, moderate republicans, independents who is go other way who are tired of noise and want real solutions and want parties to work together solve problem. >> but john. let's be clear there always going to be partnership that is never going away, all will bemoan, that will never go away now zillions, now i'm willing to hear from either side, dem side right now, is rolled back all of the tax cuts, go back to massive regulation, that is joe biden. then you get sanders and warren, i can't begin to tell you what marxist attitude they have. david: we're talking about democrat bernie sanders, he raised 34 .5 million in last quarter, other than of any his rivals in democrat field, and donors listed their oc may b ocn
5:06 pm
as teacher most often. and contributors, amazon, starbucks, walmart, and u.s. postal service and target. bottom line, you are a capitalist, have you done quite well in capitalist system, but the socialists who are getting the most money, what do you think of that? >> internet has transformed on-line fundraising, political fundraising period. and i think what senator sanders success shows in raising money, that people are really angry. right they don't think that economy is working for them. now his solution is not right answer. throwing out the ep entire economic model of u.s. of america is not the right answer, embracing socialism is not the right answer. we have allowed capitalism in free market to do -- -- >> but john look h who is supporting bench berni bern ber, teachers are number one, and elizabeth warren was a teacher,
5:07 pm
they are supposed to be teaching the constitution, they are the biggest socialists they are in classrooms i am more worried about that. >> people who work at walmart and target and teachers, they employee a lot of people. postal service, is that is a surprise? >> he very pro-union, he wants everyone to be regulated and belong to a union. he is preaching socialism, the answer is 70% of nation says their own economy situation is either good or very good that is a cnn poll, a good statistic, hugh in thhow can someone like e sanders throw it overboard. that is crazy. >> bottom line is selling a lie to all of these people, if they ever spent a couple of weeks as a normal person in caracas or havana, they will realize the errors of this man's way, you
5:08 pm
cannot control every industry, you cannot tax the living heck out of every person, you are going afternoon everyone who is try -- after everyone who trying to become wealthy. so, i just a little bit education would go a long way for a lot of theme these people, give me 15 minutes. >> 5 million people have given him money. >> 40% of american people cannot afford their basic necessities according to federal reserve data. >> yeah, i heard that -- you were 76% of americans think thats economy is doing good or excellent, i don't buy that 40%. >> a lot of people are strugging, look at wages they have not grown. david: what do you mean? they have grown 3% for first time in years, they are growing, wages are growing. >> in last 20 years wages have not kept up. >>
5:09 pm
>> what -- >> we're talking about this election cycle this president has changed that statistic. >> if we did something like double earned inco income tax ct think of how many people that would lift up. >> hold on. david: i want to ask. there is news julian castro is pulling out. we also hearing that marion williamson as gotten rid of her staff. >> who? david: you were mollin polling n similar range? >> i am in early stage. >> can i just ask, you say that fight will be in middle, if you have bernie sanders versus donald trump who wins that middle? not bernie sanders. >> that is why we should not put up bernie sanders. >> okay. >> if we put up a moderate we'll bet donalbeat donald trump. david: we to move on. domino's making dough on new year's eve, network in city
5:10 pm
mayor bill de blasio calling them out forric ploitin exploite have more on this, coming next. when we started our business we were paying an arm and a leg for postage. i remember setting up shipstation. one or two clicks and everything was up and running. i was printing out labels and saving money. shipstation saves us so much time. it makes it really easy and seamless. pick an order, print everything you need, slap the label onto the box, and it's ready to go.
5:11 pm
our costs for shipping were cut in half. just like that. shipstation. the #1 choice of online sellers. go to shipstation.com/tv and get 2 months free.
5:12 pm
5:13 pm
david: mayor de blasio slamming a do domino's pizzeria in manhan for charges 30 bucks a pie, usually they charge half of that. de blasio tweeting out. i'm sorry, this corporate chain exploited you. stick it to them by patronizing one of our fantastic local pizzeria. dominoes fires back tell our colleagues at fox business, every story in nyc is owned by a local residence, and every. o is a loaning -- local u.s.
5:14 pm
residents, with his comments mayor suggests that new yorkers who own or work at a franchisee are lesser than those who don't. was this price gouging or just good old fashion capitalism. >> mayor de blasio is -- respectfully a financial ignramous, he never misses an opportunity to lambast hard working entrepreneurs, if is new year's eve, there is a lot of demand, have you a pizzary alocally owns. local employees, trying to meet demand, 30 dollars is not so extravagant for a pizza that price, incentivizes more restaurant to deliver to people. this idea of price gouging asks a mission, and mayor de blasio
5:15 pm
should stick to try to runs city. >> mayor does not than dominoes are locally owns and small business operators, franchise operators are great small business owners. >> profit margin is very small. >> they pay a lot for the brand, i personally prefer a local new york -- >> it is local. >> i know. >> let's not forget, that niecee people that are delivering went through the cold, the rain. and the people, you pay premium for, that and new york city i'm there, 8 times a year, i pay different prices for hotels, depending on time of the year, you get premium and discount that all here, you know that called economics 101. yeng thai don't think that mayor understands. >> if mayor de blasio didn't spend so much time in the gym,
5:16 pm
maybe he would get out, and every restaurant in new york city raised prices on new year's eve. and the crowd welcome the that someone made efforts to bring pizza where they were. david: other thing -- >> that was a ridiculous comment. david: details why donald trump is more popular in liberal manhattan than the mayor. he is increasing budget 30%. and streets of dirtier, subway is work worse than before. and there are homeless everywhere, we wonder what the heck does he do with our money. >> i can't speak to, that i don't live in new york city, but i think problem, people who lead the country should understand, economics, they should understand how business works, franchise operators are incredibly valuable to u.s. economy, a great model, someone figures out macro business model, delivers tools to small business owners allowed someone to run a small be without as
5:17 pm
much risk, they can have an opportunity to live the american dream. start ago. >> john, you know. >> david: well said. >> well you know -- >> they are doing is under prices like uber. >> they understand the economics, i think morality, mayor de blasio always there caring for people who are "moochers" and looters, try to milk the system, have you entrepreneur, local residents, his residents trying to make a buck on new year's eve. >> so many on the left right now, spend their days and their waking hours putting down businesses. >> yep. >> down industries, naming names on a daily basis, corporations that are doe s do so much good e so much wealth, and so much jobs it is not hobby any more -- but more of a 24-7 move.
5:18 pm
david: you need a businessman. >> you can't be pro worker if you are not pro business. david: have well said, president trump sending troops to middle east, as tensioned with iran escalate. a former obama official said this is all president trump's fault. colonel james carafano responding on that and so much more next. >> international community needs to come together, and condemn iran's bad behavior. to help us with the maximum pressure campaign. need with lib. only pay for what you need with liberty mutual. con liberty mutual solo pagas lo que necesitas. only pay for what you need... only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ 1 in 5 people you meet wear yeah. that many!
5:19 pm
but right now, is not the time to talk about it. so when you're ready, search 'my denture care'. poligrip and polident. fixed. fresh. and just between us. this round's on me.eat. hey, can you spot me? come on in. find your place today, with silversneakers. included in most medicare advantage plans. enroll today by calling the number on your screen or visit getsilversneakers.com
5:20 pm
[ drathis holiday... ahhhhh!!! -ahhhhh!!! a distant friend returns... elliott.
5:21 pm
you came back! and while lots of things have changed... wooooah! -woah! it's called the internet. some things haven't. get ready for a reunion 3 million light years in the making. woohoo! -yeah! >> we need to stand up to iran, we need them to behave like a
5:22 pm
normal country that means end nuclear program, and long range ballistic missile program and marine -- malign behavior, they inspire terrorist groups. david: secretary of defense mark esper slamming iran as president trump sends 750 soldiers to middle east, tensions remain high. at least for moment. you look at new images of destruction they were responsible for this week. but former obama state department official wendy sherman points the finger at president trump, she writes, the attack on u.s. embassy in iraq shows trump is failing, he walked into iran's trap, he should have stayed in iran nuclear deal, and made full use of sanctions and diplomacy. is is president trump's failed policy toward iran that has brought us to this moment.
5:23 pm
here is us now, former u.s. lieutenant army colonel james carafano. miss sherman was at state department whenna al-amiri visid the white house, he was a leader, there he -- that is not him. you see him in the background, they swing around. he is on the right side of the picture. he was actually there this week, at the embassy with the thugs that were trying to invade the embassy, doesn't that sort of take away miss sherman's bragging rights with this. >> look. you know bad middle east policy like original sin, everyone president has something. why could iran do what they did. not just in attacking the embassy but having their militia attack u.s. forces over last year, u.s. forces in iraq at invitation of iraqi government, to help iraqi people, that
5:24 pm
happened because now for almost a decade iran has been infiltrating in to iraq, buying militia and politicians and government officials, they unleash that against the united states that did not happen on president trump's watch, that building up that aggressive capability, that happened before president trump came into office. >> this is gary kaltbaum. we know that we have to answer hostile actions and have we to get there, send more people, descrow andohave you any feel ft trump on his red line in really trying to do something in retaliation, if iran takes this any further. >> a great question. we actually have a good track record of how trump responds in crisis. and the red line for him appears to be, if you go directly after u.s. people, not a drown, but you kill or threaten americans that is katy bar the door.
5:25 pm
when the the u.s. responds to, that whether it is you know gassing innocence in syria or killing an american contractor in iraq, u.s. response is proportional and restrained. president seems consistent in that. then you the u.s. has warned in iranian do more u.s. will respond more. but i don't think it will escalate. >> james, reason that people have been thousands of people been marching protesting in iran, is because of mullahs have taken money given to them by obama administration and used it liberally to fund the militia and other terror activity in middle east, how can obama administration not take credit if you will, for funding all of these problem, and this acting out that we have seen over the last several years? >> right, so, here is what happened, so, when isis erupted after u.s. forces withdrew, and
5:26 pm
we went back in and started fighting isis, we were just giving everyone money to fight isis. honestly the iranians were fighting some militias, but they were also using the militias to opleopress the sunni minority population, what iran did. they unleashed that against their political enemies, you know in iraq today, if you are a politician, you don't agree with u.s., we don't give you visa or money, th the iranians if they don't agree with you, they have someone go and put a bullet in the back of your head. they have -- against shia people that don't agree with them, that sparked this protest. >> respectfully, it has been going on since 1979. right? this is echos of 79. here we are in 2020 another
5:27 pm
attack on the embassy. whatever we're doing now about obama or trump it is not working, is it. >> that is where i disagree, iran has been trying to make out of american box for some time. they tried closing the straits and cutting off shipping and shooting drones, and attacking saudi arabia. after everyone of those u.s. responded and iranian backed down this latest example of them trying something getting bumped on head. david: john. >> colonel i agree, they are worse actor in middle east. the question is iran nuclear deal, that was a flawed deal, i voted for it i thought it was better than status quo, what your view on now? if our two choices with iran negotiate another deal or continue down a path that could lead to an escalation, how do you think about a new nuk nucler
5:28 pm
deal with iran, i think there is a opportunity potentially get back with a longer duration, i think that is the problem with that deal it was too short. >> i think that real end state, a nuclear deal, neither side is really interested in issca lating, in u.s. -- escalating, u.s. perspective you have to keep pressure up. but goal to get regime to table to do a real sustain able deal that calms down fears in region, but nuclear program and support and destaballizes of in the, at some point they will be more isolated country on earth. david: thank you colonel, great analysis, happy new year. >> thank you. david: white house announcing a ban on vaping, does it go too for for those trying to quit cigarettes, we ask fox news medal correspondent dr. mark
5:29 pm
siegel, he is joining us, coming next. and most of that debt is actually from credit cards. it's just not right. but with sofi, you can get your credit cards right by consolidating your credit card debt into one monthly payment. including your interest rate right by locking in a fixed low rate today. and you can get your money right with sofi. check your rate in two minutes or less. get a no-fee personal loan up to $100k. get a no-fee personal loan sini wasn't sure...clot was another around the corner? or could things go a different way? i wanted to help protect myself. my doctor recommended eliquis.
5:30 pm
eliquis is proven to treat and help prevent another dvt or pe blood clot. almost 98 percent of patients on eliquis didn't experience another, and eliquis has significantly less major bleeding than the standard treatment. eliquis is fda-approved and has both. don't stop eliquis unless your doctor tells you to. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. if you had a spinal injection while on eliquis call your doctor right away if you have tingling, numbness, or muscle weakness. while taking eliquis, you may bruise more easily and it may take longer than usual for bleeding to stop. seek immediate medical care for sudden signs of bleeding, like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planned medical or dental procedures. what's around the corner could be worth waiting for. ask your doctor about eliquis. when i lost my sight, my biggest fear was losing my independence. mmm... good. so i've spent my life developing technology
5:31 pm
to help the visually impaired. we are so good. we built a guide that uses ibm watson... to help the blind. it is already working in cities like tokyo. my dream is to help millions more people like me.
5:32 pm
>> we have to protect our families, at the same time it is a big industry, we want to protect the industry, as you know we'll take it off the flavors for a period of time, certain flavors. we'll protect our families, protect our children. and protect the industry. >> president trump calling out companies that sell flavor
5:33 pm
e-cigarettes, fad fda announceda ban on all flavors. but not tank-base product. here now, fox news medical correspondent dr. mark siegel, does it go too far or not far enough. >> almost far enough. something called puff bars. teens are clever, they evade where the regulations go. teens have gotten excited about puff bars, that are essentially like juul, they are immigration juul, they are imitation cartridges, they are disposable, you use them once you throw them out, they are loaded with nicotine they are flavored. we don't know if regulation will apply to them. david: should they. >> they should, but they use the word cartridges. >> people are confused there has been a conflation too many teens
5:34 pm
are vaping and people are dying from vaping, those are two different problem, i'm not sure this does anything abouts fact that the products seem to be laced with unhealthy things that kill people. >> let's talk about that. i'm glad you made that point. people are dying over 2000 people got sick of vaping marijuana type products. oil-based with vitamin elace, this does not apply to, that there say culture of vaping, a lot of same time who vape the e-cig are also vaping mariner ma products. before they had a joint. second. federal food, drugs and cosmetics act of 16, gives fda right to say, is it stuff healthy or not, a number of these dplaif ors hav flavors han tested and may have long-term damage to the lungs, they have every right to say, president
5:35 pm
trump used word temporary, get them off market, study the lunls put some back on. >> i would go far, and ban the products, create a regime, that people want to get off their smoking they have to go to their physician and get a prescription for these products. most of people who get on these products have never smoked before. >> as a physician, i use e-cigarettes to get keep to quit, i use tobacco flavor, juul has pull the flavor off the market but juul look alikes and copycats are still on the mark market. then puff pods. these things, they are what the regulations --
5:36 pm
>> jonathon. >> doctor, whether it is harmful to me is irrelevant, they products alot of adults enjoy, they enjoy using them, whether a mines of getting off cigarettes or not, it is illegal for young people to possess this like cigarettesser booze or weed, how is this ban not just violating right of adults who' to vape? >> i rarely disagree with you. i take a big chance, adult vape shots, adults vape these combination products they put together, they have vaping machines, they mix their own flairnaivflavor and amount of n, they are staying on market, most of what adults are using are still available, it is products that are targeted to kids they are trying to get off the market, this is fair, fda has that right, it guess return 21 ban that is coming in. you can't have it underage of
5:37 pm
21. david: doctor, focus on something positive in every way, a possibility now of alings alzs vaccine. >> about to be tried to humans, two major protein in brain, that occur under alzheimer's this vaccine, uses the protein causes the immune system to target them for destruction before they cause the brain inflammation. it is more promising. >> tremendous. >> that would be great. david: that is a positive note. >> get in early in the game. >> something to electri look fo. >> thank you. david: federal government taking aim. at states preparing new laws to give benefits to illegal
5:38 pm
immigrants. coming next. i wanted more from my copd medicine that's why i've got the power of 1, 2, 3 medicines with trelegy. the only fda-approved once-daily 3-in-1 copd treatment. ♪ trelegy ♪ the power of 1,2,3 ♪ trelegy ♪ 1,2,3 ♪ trelegy woman: with trelegy and the power of 1, 2, 3, i'm breathing better. trelegy works three ways to open airways, keep them open and reduce inflammation, for 24 hours of better breathing. trelegy won't replace a rescue inhaler for sudden breathing problems. trelegy is not for asthma. tell your doctor if you have a heart condition or high blood pressure before taking it.
5:39 pm
do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. think your copd medicine is doing enough? maybe you should think again. ask your doctor about once-daily trelegy and the power of 1, 2, 3. ♪ trelegy, 1,2,3 woman: save at trelegy.com.
5:40 pm
this round's on me.eat. ♪ trelegy, 1,2,3 hey, can you spot me? come on in. find your place today, with silversneakers. included in most medicare advantage plans. enroll today by calling the number on your screen or visit getsilversneakers.com
5:41 pm
>> when we start giving people government identification that will lead to voter fraud, and welfare fraud, if you are in this country illegally we can't normal icize that. >> tom homan responding tuesday. to new laws. department of homeland security is going to begin previewing or
5:42 pm
reviewing new laws in new york and new jersey which issue driving license to illegal immigrants, saying that department needing to be prepared to deal with. as we protect the homeland, do you think offering illegal immigrants privilege of a driver license is good policy. >> i do. and i think it clearly a decision for the states to make. but issuance of a driver license is under purview of state government, federal government does not have a say, real issue is we need comprehensive immigration reform, we have 11 to 13 million undocumented residents in the country, several years ago we had a bipartisan, comprehensive immigration reform bill. it create a pathway to legal status for these 11 to 13 million individuals, they could not commit a crime, they had to to learn english, and wait 13 years that would solve, that is we woo to get back, to get back
5:43 pm
to the table with comprehensive bipartisan u immigration reform, but the license up to the state. that is responsible of a state government. david: gary, a license is not a right, it is a privilege some people say should not be offered to people here illegally. >> just another government failure over adding to last 20 years of a lot of flapping of gums, from our government on immigration. to fix the immigration problem. do you know dmv is prohibited to provide data on the people to government agencies if need be, it actually has to go to a judge has to ask for it. you have to be kidding me. there is a word called illegal, there and word called legal. now body is every changed law, i don't understand what happened to the laws, i believe in states rights. but i also believe number one job of government to protect the
5:44 pm
citizenry. >> gary, i think also question of guaranteeing our election in california millions of people that are here illegally, they have a driver license it a very short hop, one form, one vote box to register to vote in california, it appears there was a significant number of people who did vote who were not here legally they don't know the form, there has been almost no follow-up by california officials, i think that is a very worrisome thing, we'll see that else where if people allow illegals to have a driver license. >> a little dise dis-- to say, e want them here, but make it almost impossible, john, delaney raises a real important point, there are people here illegally, who are vib vibrant parts of american society, they work, they rent, they buy, take a tip
5:45 pm
from ronald reagan, not a citizenship program but residents and amnesty program. david: you say shows forgive me, a dramatic ignorance of the situation of legal immigration in to united states, there are millions of people who dot everyi, and cross every t to be legal immigrantses, this is where you give privileges to illegal immigrants is an insult to those who have worked so hard to become a legal immigrant, there are millions of them. >> i don't disagree, i don't know why we make it so difficult for people to imgrea to imimgred participate. >> jonathan -- worse then -- >> 25 years was not doing anything on immigration but talk, talk. by the way from both sides. which brought us to here. >> that is not true, in 2012, a bipartisan comprehensive
5:46 pm
immigration reform bill passed in u.s. senate, sessioniv signit republican support, president obama would have signed it to law. david: it is freu it is true fir obama administration obama administration when democrat had house, senate and executive they failed to do comprehensive immigration reform. >> this issue works for democrats, and end of discussion, they don't top solve the problem because anger creates a voting bloc that is growing faster than any other voting bloc in united states when is hispanic voters. >> we totally want to solve will problems. >> do you not. do you not. >> go ahead. >> every democrat running for president pledged to support that bipartisan -- >> yeah, why didn't it get done. >> because john boehner did not put it for a vote. >> we don't need those weeds, but something has to be done. president has a comprehensive program too. >> he does. david: maybe that will happen in
5:47 pm
next 4 years, before break wharveg is coming up on "evening edit," eli elizabeth macdonald what do you have for us. >> well it's my birthday. >> happy birthday. >> and it is known as chri chris reject, regifting day. democrat talk about delaying type of type of. all this exposing weakness of democrat impeachment case, they demand a say in senate trial to fix what they failed to do calling witnesses? nancy pelosi, and saying he is s threatening to ic to use or fundraising power. >> happy birthday. great to see you. >> thank you. david: street credit all left for tesla customers, they lose federal tax credit this year. what impact could that have on sales of the car company. next. at all this ink it comes with.
5:48 pm
big ink tanks. lots of ink. no more cartridges. incredible amount of ink. the epson ecotank. just fill and chill. i come face to face with a lot of behinds. so i know there's a big need for gas-x maximum strength. it works fast. relieving pressure, bloating, and discomfort before you know it. so no one needs to know you've got gas. gas-x
5:49 pm
so no one needs to know you've got gas. when it comes to using data, which is why xfinity mobile is a different kind of wireless network that lets you design your own data. choose unlimited, shared data, or mix lines of each and switch any line, anytime. giving you more choice and control compared to other top wireless carriers. save up to $400 a year when you switch. plus, unwrap $250 off a new samsung phone. click, call or visit a store today.
5:50 pm
5:51 pm
david: the end of an era for tes tesla, as january 1st, they lost u.s. tax credit that was lowering price of the vehicles, tesla first manufacture to lose eligible bill tie for federal tax credit after reaching government set limit of 200,000 plug in car deliveries, shares unfazed. but, will the end of a tax credit from 1900 up to 7500 kill the electric car industry in u.s.? >> well we will see. this is a great initiative both parties should get behind, get rid of all subsidies, all benefits for green initiatives too like tesla, the fact that we've been subsidizing fancy
5:52 pm
cars for well to do people is insane. if tesla will succeed it has to succeed on its own merit, the stock does not need to mind. >> i think that credits were a good idea it helped create a industry, it is appropriate what a company get to a certain size they get weaned off. i think we'll see cost of electric vehicle come down, that is what has to happen, so that these vehicles are not just reserved for a small slice of the population, and living in big cities, we should encourage this industry to grow, and to become kind of industry that every american. >> the way that industry will grow is if there are significant stride in battery technology, that has to happen, i think this is ridiculous that in -- last several years we have been
5:53 pm
subsidizing purchase of luxury cars for ver very high income people, those am. i am glad that over, i hope that this works, i think that everyone would like to see a more robust, electric car industry. that would be great. >> i don't think it will affect them that much because of the demographic buying their cars from 7500 on subsidy to 1875, down to zippo, i am expecting them to really drive to hoop now and china to sell a ton there, i think they will probably do well, i'm not worried about tes lark follow the stock price -- tesla, the stock price is soaring, maybe it is batteries or elon musk but something good is going on. >> we have to find out, you mentioned. when george bush encouraged ethanol industry way back in the day there was a huge boom and bust that happens with subsidies, we'll see if electric cars can rise or fall, but they
5:54 pm
will have to do it on their own merit. >> a lot of lower prices electric cars, have not done ververy well, they have gone ouf business or not found right formula, as long as gasoline is cheap it difficult to sell the electric cars. >> and they are range-bound they are not that great, they don't for fem thaperform that well. >> never boa bet against u.s. economy. we'll say, smart policies, public and private partnership like with space program, so many other things helped to create that industry, you have mayor auto manufacturers like volvo, saying they are not making cars in future unde unless they are electric. >> supply and demand thing. david: we'll see, john. >> 77 annual golden globe
5:55 pm
awards, there is a new change to the ceremony this year. you want to hear details of this one, coming next. ♪ having a good team time ♪ eone? that must be why you're always so late. i do not speed. and that's saving me cash with drivewise. . color, you should try it. [mayhem] you always drive like an old lady? [tina] you're an old lady. most people think as a reliable phone company. but to businesses, we're a reliable partner. we keep companies ready for what's next.
5:56 pm
(man) we weave security into their business. (second man) virtualize their operations. (woman) and build ai customer experiences. (second woman) we also keep them ready for the next big opportunity. like 5g. almost all of the fortune 500 partner with us. (woman) when it comes to digital transformation... verizon keeps business ready.
5:57 pm
5:58 pm
>> first time in history the golden globes go meatless. they put the show on. guests at 77th annual award ceremony will be served a 100% plant based meal. the president lorenzo soria saying quote if there is a way we cannot change the world but save the planet, we can maybe get the golden globes to send a signal. draw attention to issue about climate change. so will the golden globes, going
5:59 pm
meatless, really help save the planet, gary? >> so here's the -- all the celebs take the private jet, suv,. >> exactly. >> eat plan based food, leave in the big black suv on a private jet go to the yacht in st. bart's. they will save the planet. >> tremendous opportunity for the guy delivering domino's pizzas to the crowd. >> bingo. >> what a way to bring it full circle. i love it. >> deliver pizzas. >> goal to get people talking about it, they have been successful because here we are talking about it. this will not save the planet, but good smart policy, actually could. >> going meatless, will not save the planet, want you on record? >> on its own. absolutely not. i don't think we'll have a meatless future. >> i don't know why salad is suddenly good policy. it sounds -- most of those stars
6:00 pm
will be at in-n-out burger getting dinner and something to eat. >> they are standing in front of the refrigerator that night. >> one thing they will not ban is alcohol. let it flow freely as usual. that is it for bulls and bears. liz: new images surfacing on extensive damage to the iraq embassy in iraq after violent vie -- rioting by iranian-backed militias. defense secretary mark esper says iran or its proxies may be preparing more attacks on america's interests in the middle east. democrats quick to attack the president, not the rioters. the pushback against that tonight. to this, isis defeated. we'll show you the numbers that tell this success story. the latest debate. can this terror group make a comeback? tonight senate republicans now say impeachment could be over and done with by the state of
6:01 pm
thni

111 Views

info Stream Only

Uploaded by TV Archive on